Joyce, Joseph P. (contributor) - 2001 - [Elektronische Ressource]
the IMF program spells for a group of emerging economies over the period of 1982 to 1997. Duration models are used to … investigate the time dependence of the failure rate of the spells and the factors that affect the duration of program spells. The … hazard ratio of program spells has a non-monotonic shape, first rising and then falling over time. Program duration is …